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president morsi left the palace. the protesters broke through police lines, but then they pulled back when riot police used tear gas. thousands of egyptians protesting the declaration giving him unrestricted powers, and, we'll, of course, continue to monitor news from egypt. dennis: you'd think that made traders oil. cheryl: the oil contacts, suez canal right there. dennis: stocks every 15 # minutes. >> when you talk about commodities, something else, gold, down twenty bucks. look here at the resource, an mtn, ticker symbol, like mountain. it's down 10% as they came out with the quarterly report. the stock at $50.58 # a share, but the ski resort posted higher operating costs, not good news, and revenue was flat in the quarter, soft for the season. what they are seeing here is numbers that really disappointed wall street, and, as a result, stock is selling off. the market cap is $2 billion, and year to date, the stock doing well, but, today, giving back a lot of that. what we see in egypt, the s&p 500 down one quarter
president morsi left the palace. the protesters broke through police lines, but then they pulled back when riot police used tear gas. thousands of egyptians protesting the declaration giving him unrestricted powers, and, we'll, of course, continue to monitor news from egypt. dennis: you'd think that made traders oil. cheryl: the oil contacts, suez canal right there. dennis: stocks every 15 # minutes. >> when you talk about commodities, something else, gold, down twenty bucks. look here at...
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huy serious is it getting for president morsi? >> it is getting serious for president morsi day after day. the morsi people will try to organize demonstrations in support of the president. the muslim brotherhood are a very strong organization. what we didn't know or most of us didn't know, the opposition, secular, democratic liberal opposition that started arab spring two years ago is ready to confront morsi and stop him from transforming egypt into a full islamist state and terrorist regime as well. lori: how could, walid, how could president morsi do this power grab? how could they rush through the draft of constitution considering how relatively no time has passed since the arab spring, barely a year? >> yeah. he thought and his advisors and his group very idealogical thought there would be no civil society opposition what they have beenndoing. they have maneuvered if the brotherhood by cutting a deal with the youth, if you remember two years ago against mubarak. then cutting a deal with the military against the youth and youth
huy serious is it getting for president morsi? >> it is getting serious for president morsi day after day. the morsi people will try to organize demonstrations in support of the president. the muslim brotherhood are a very strong organization. what we didn't know or most of us didn't know, the opposition, secular, democratic liberal opposition that started arab spring two years ago is ready to confront morsi and stop him from transforming egypt into a full islamist state and terrorist...
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president morsy supporters. very aware of what is going on in egypt. corey, thank you for joining us. you have president morsi, the muslim brotherhood, and then on the other side you have the liberal parties, youth groups and large sectors of the public not happy with what is going on. who, ultimately when? >> i do not think it is yet clear. i think they are really worried about president morici sweeping it. that is more what the protests are about right now. ashley: what is the biggest danger, that this just dissolves into full-blown civil unrest? >> well, i think, even a bigger danger is the creeping of egyptian society. people are quite worried about it at this moment. it will actually prevent voters being informed on what is and isn't. ashley: expansion of powers for president morsi, kind of just voted himself into this position. is there anything that can be done about this? >> what the muslim brotherhood claims is that the last year and a half has been bad for society and bad for the economy. they need to get to this transition phase. get the con
president morsy supporters. very aware of what is going on in egypt. corey, thank you for joining us. you have president morsi, the muslim brotherhood, and then on the other side you have the liberal parties, youth groups and large sectors of the public not happy with what is going on. who, ultimately when? >> i do not think it is yet clear. i think they are really worried about president morici sweeping it. that is more what the protests are about right now. ashley: what is the biggest...
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cheryl: okay. >> and morsi's given them sharia. now they're not happy with morsi, so there are mixed messages. and the egyptian people have to be educated. as to the democratic process in order for them to be, to agree at least to respect the elections, and then if they don't like it, they can change it in four years. so far they are, you know, they want the bringing down morsi, and this is not democracy. so whether they are islamists or to respect the decisions of the electorate. cheryl: well, you know, they're looking for $4.8 billion from the imf, and that decision may not go their way, so things may actually decelerate in egypt. thank you very much for your perspective. >> absolutely. thank you so much. my pleasure. dennis: here comes china. a new u.s. intelligence report says beijing will have the world's largest economy by 2030. cheryl: and also coming up, we're going to tell you which banking chief bought this hamptons' home that was listed on the market for $32.5 million. deps dennis but i'll betcha they got it for a steal,
cheryl: okay. >> and morsi's given them sharia. now they're not happy with morsi, so there are mixed messages. and the egyptian people have to be educated. as to the democratic process in order for them to be, to agree at least to respect the elections, and then if they don't like it, they can change it in four years. so far they are, you know, they want the bringing down morsi, and this is not democracy. so whether they are islamists or to respect the decisions of the electorate. cheryl:...
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the top court suspended work indefinitely as morsi supporters blocked the rule on the institution. the security building captured by the rebels, and reports say the attack killed one and wounded 20 others. this as secretary of state hillary clinton, issues a stern warn to president assad's regime use of chemical weapons. those are your head lines, back to dennis. dennis: passing the $20 billion mmnth in the holiday season. can cyber win? retail analysts joining us, and he likes jcpenney, much belined. please, explain yourself, sir. >> to be fair, they are lagging online as bad as they are in the physical world. one of the things is that everybody's lined up against them right now. they assume things are getting worse, and talk on the street was november was a disaster for them. i actually thought i saw a real turn, a pop during the holiday week on black friday, and the other thing is that they could do just less worse and the stock could pop from where it is. it's very, very cheap. deenis: did you like this stock when it was at $42 in february 2012? it's at $17 now. >> well, stock
the top court suspended work indefinitely as morsi supporters blocked the rule on the institution. the security building captured by the rebels, and reports say the attack killed one and wounded 20 others. this as secretary of state hillary clinton, issues a stern warn to president assad's regime use of chemical weapons. those are your head lines, back to dennis. dennis: passing the $20 billion mmnth in the holiday season. can cyber win? retail analysts joining us, and he likes jcpenney, much...
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. >> protests continue in egypt as president morsi opponents are expected to march on the office tomorrow for kris schism of the draft constitution that will be voted on in less than two weeks. judges said it will not supervise the vote on december 15th. after the draft was quickly approved last week by islamist nominated panel egypt's top court forced to suspend to work in crowds, supporters appeared outside to protest. a planned hearing on whether or not the asemibly that approved the draft was legitimate. they are taking offense to limitations in the draft constitution. 1 # 1 newspapers vowed not to publish tomorrow. a privately owned television network plans to go dark all day. >> wasn't the arab spring a year and a half ago. like setting up to do if again. >> it feels that way. %-want to seal the deal orn that congressmen that can't get a deal done? two -- who americans trust the e least. >> hundreds of thousands of cars destroyed by the hurricane sandy, but automobiles flocking back as drivers flock to the dealership. a view from the showroom just ahead. ♪ she keeps you guessing.
. >> protests continue in egypt as president morsi opponents are expected to march on the office tomorrow for kris schism of the draft constitution that will be voted on in less than two weeks. judges said it will not supervise the vote on december 15th. after the draft was quickly approved last week by islamist nominated panel egypt's top court forced to suspend to work in crowds, supporters appeared outside to protest. a planned hearing on whether or not the asemibly that approved the...
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cheryl: wa it was not like a hue referendum and they came into power in june. >> morsi, sylvi some of the islt split. they split in the last minute when the candidate got pushed aside and he did not run against a secular democrat. cheryl: what does this mean for the united states and israel and the border they share? >> the muslim brotherhood and islamist mass movement it represents art you revocable he opposed to the west and the united states. the justice department prove in court a couple of years back the brotherhood says its missio misn the united states is to eliminate and destroy western civilization. it makes the world much more dangerous for the united states. cheryl: why doesn't the united states cut off the funding? that is the simplest thing. speak to my sense is the reason i don't if they will have no leverage in the equation if they cut the funding off, that is because we're dealing with people in the united states. the prayer of getting them to do anything with what we would like. cheryl: fascinating article, thank you very much, andrew. dennis: maybe something good can
cheryl: wa it was not like a hue referendum and they came into power in june. >> morsi, sylvi some of the islt split. they split in the last minute when the candidate got pushed aside and he did not run against a secular democrat. cheryl: what does this mean for the united states and israel and the border they share? >> the muslim brotherhood and islamist mass movement it represents art you revocable he opposed to the west and the united states. the justice department prove in court...
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president morsi spoke to the nation calling for a national dialogue. he refused to bed. japanese authorities telling the united nations no problems have been detected that nuclear plants near the epicenter of that 7.3 magnitude earthquake that walked the country today. a 1 meter tsunami in the area near honshu. there is no threat of a wide spread tsunami. the nurse has taken her own life that got caught -- the dj posed as queen elizabeth and king charles. those are your headlines. back now to adam and melissa. melissa: unbelievable. protests in michigan as state lawmakers approve right to work law graduation. new laws that prohibit new unions from collecting fees from non-members. mike towbin has more on this. >> they cannot stop what governor rick snyder calls freedom to work legislation from being passed on tuesday because michigan republicans simply have the numbers. the demonstrations have gotten ugly. eight people have been arrested. additional state troopers have been diploid to the capital. unlike drawnout labor standoffs we have seen in years, rick snyder has bee
president morsi spoke to the nation calling for a national dialogue. he refused to bed. japanese authorities telling the united nations no problems have been detected that nuclear plants near the epicenter of that 7.3 magnitude earthquake that walked the country today. a 1 meter tsunami in the area near honshu. there is no threat of a wide spread tsunami. the nurse has taken her own life that got caught -- the dj posed as queen elizabeth and king charles. those are your headlines. back now to...